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FxWirePro: Aussie gains against major peers on robust AIG construction index data

  • AUD/NZD is currently trading around 1.0721 marks.
     
  • Pair made intraday high at 1.0724 and low at 1.0693 marks.
     
  • Intraday bias remains bullish till the time pair holds key support at 1.0691 marks.  
     
  • A daily close below 1.0691 will take the parity down towards key supports around 1.0649, 1.0590, 1.0443, 1.0371, 1.0326 and 1.0237 marks respectively.
     
  • On the other side, a sustained close above 1.0691 will drag the parity higher towards key resistances at 1.0747/1.0865/1.0912/1.0966/1.1062/1.1148 levels respectively.
     
  • Australia July AIG construction index increase to 60.5 vs previous 56.0.
     
  • Australia's S&P/ASX 200 index up 0.74 pct at 5,762.70 points in early trade.

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